Home Uncategorized Egypt Starts Sale Of Debut Sukuk Amid Foreign Exchange Shortage
Uncategorized - February 21, 2023

Egypt Starts Sale Of Debut Sukuk Amid Foreign Exchange Shortage

Egypt has reportedly initiated the sale of its debut three-year dollar-denominated Sukuk with an initial yield offering of around 11.6%, expected to be priced later Tuesday. The move comes amid a foreign-currency crunch faced by Egypt.

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